Maven Space to close after relocation plan falls through
Indy Maven Founder Leslie Bailey said in a social media post that unspecified challenges “made it impossible to move forward” with a lease for a new co-working and social hub.
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Regulatory panel denies Stifel’s claim against competitor
A financial industry arbitration panel has ordered Stifel, Nicolaus & Co. Inc. to pay $7 million in attorney’s fees to a group of former Stifel advisers.
PepsiCo buys prebiotic soda brand Poppi for nearly $2B
Pitched on Shark Tank in 2018, the soda, marketed as a healthy alternative to traditional soft drinks, has quickly grown in popularity.
Americans increased retail spending tepidly last month
U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month
New poll breaks down why people fill out March Madness brackets
The survey found that about one-quarter of Americans fill out a men’s March Madness bracket “every year” or “some years.”
Retailer Forever 21 plans liquidation sales after second bankruptcy
The retailer, which has minority ownership ties to Indianapolis-based Simon Property Group, has two stores in the Indianapolis area.
Boone County economic development group names new CEO
Andrea Kern, who most recently worked with the Indiana Office of Community and Rural Affairs, will lead the Boone County Economic Development Corp.
IBJ Podcast: Former NBA exec on joining Pacers’ parent firm, Caitlin Clark’s potential, deal with Kevin Hart company
Joey Graziano also dishes on preparations for WNBA All-Star Weekend In indy and how the Pacers organization views several new projects by Gainbridge Fieldhouse as part of an overarching strategy.
Advocates hope move by state to expand parental leave will inspire private sector
Under Gov. Mike Braun’s new policy, all women employed by the state, including both full- and part-time workers, are eligible for up to six weeks of paid childbirth recovery leave.
Indiana Democrats elect Karen Tallian, others as new leadership team
The Indiana Democratic Party’s central committee on Saturday elected former state senator Karen Tallian as the next chair of the state party.
UPDATE: Purdue lone Indiana men’s team in March Madness, with IU’s bubble burst
Purdue is in the Midwest Regional of the NCAA men’s basketball tourney, meaning the team will play in Indianapolis if it reaches the Sweet 16. Meanwhile, three schools from Indiana will play in the NCAA women’s basketball tournament.
As AI nurses reshape hospital care, human nurses are pushing back
Hospitals say AI is helping nurses work more efficiently while addressing burnout and understaffing. But nursing unions argue the technology is overriding nurses’ expertise and degrading the quality of care patients receive.
Trump moves to gut several agencies focused on museums, libraries, Voice of America
One order signed Friday night calls for the agencies—some of which are focused on minority business enterprises, museum and library services, and homelessness prevention—to “be eliminated to the maximum extent consistent with applicable law.”
Samantha Julka: In a changing climate, follow the woolly mammoths
I wonder if the parallels are true and whether what we learn from history could be foreshadowing for today.
Cecil Bohanon and John Horowitz: Arguments supporting tariffs fail to account for what happens next
| Cecil Bohanon and John Horowitz
The government does not add to prosperity, upward mobility and economic security by forcing citizens to buy high-cost domestic goods instead of low-cost foreign goods.
Pete the planner: Don’t fret about swooning stocks—the market rewards patience
Whether it was 9/11, the housing market meltdown of 2008 or the COVID market crash (which lasted only 148 days), world events have a way of convincing us that the isolated dynamics of the time will lead to unprecedented market peril.
Q&A with the head of Lilly manufacturing, who meticulously tracks gains in work, life
“People come together, operators, with their supervisors at 6 a.m. every morning, and they talk about what issues they have and how they propose to solve it. Those get escalated through all levels of management.”
Local brothers named in dozens of lawsuits over real estate deals
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
Noblesville aims to create pedestrian-focused downtown
Downtown Noblesville is no stranger to construction, as any resident or business owner in the area can attest. And one of the largest projects yet is expected to begin next year.
Rootstock Hospitality Group grows portfolio with Aberdeen Social House
For Andrew Vudis and Ryan Craig, former Ruth’s Chris Steak House executives who established Rootstock Hospitality Group in 2017, Aberdeen Social House represents a bold culinary statement.
